Scalper1 News
Speculation that Verizon Communications (VZ) might have spent well above analysts’ estimates in a government auction of radio spectrum, perhaps as much as $25 billion, is increasing on Wall Street. Verizon spokesman Robert Varettoni declined to comment. The phone company and other bidders are not allow to comment under auction rules. Bidding in the Advanced Wireless Service No. 3 auction, which started on Nov. 13, has topped $44.6 billion, blowing Scalper1 News
Scalper1 News